Vendors list

Using the QuickBooks Vendors list

The QuickBooks Vendor list shows information about the people or companies from whom you buy goods and services, including banks and tax agencies.

Tips for contractors

For most contractors, your Vendors list will include subcontractors, vendors of building materials, equipment rental services, and general business vendors (office supplies, insurance, and so on).

In QuickBooks, you set up subcontractors and vendors the same way. A subcontractor is a type of vendor.You set up your vendors as 1099 vendors or non-1099 vendors.

If you use unincorporated subcontractors, including sole proprietors and partnerships, you need to send a 1099-MISC form to those who are paid more than a specific amount per year ($600 at the time this article was created). To verify which subcontractors need a 1099 form, contact the Internal Revenue Service or your accounting professional.